VW Brand Group H1 profits overtake Audi division

Newswire

FRANKFURT, July 27 (Reuters) - Volkswagen said on Thursday that VW Brand Group's first half operating profit before special items overtook that of its Audi Brand Group, underscoring that the long-troubled core VW brand is slowly turning the corner. The VW Brand Group, which also includes Bugatti, Bentley and Skoda, posted an operating profit of 730 million euros ($919 million) in the first half, compared to 722 million at the Audi Brand Group, which also includes SEAT and Lamborghini.

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